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3376-3378 Glenda Avenue, Tyler, TX, 75704
Duplex with Two 2BR Units

3376-3378 Glenda Avenue Tyler, TX 75704

For Sale
$239,900

Duplex for sale featuring two 2-bedroom, 1-bath units with separate unit sizes of 947 and 948 sf.

Property Size1,895 SF
Price / SF$126.60
Days on Market371

Property Features for 3376-3378 Glenda Avenue

General Information

Standard status
Active
Size
1,895 SF
Property subtype
Multi Family

Building Details

Year Built
1984
Listing Agency: Newberry Real Estate
Listed By: Brad Newberry · License #0526613
Source: Compass
Added: Jul 19, 2025 Changed: Jul 23 Last Checked: Jul 23 at 3:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newberry Real Estate


Investment Insights

Based on property information with market context.

This duplex offers two separate residences, with each side featuring 2 bedrooms and 1 bathroom. Unit #3376 is 947 sf, and unit #3378 is 948 sf.

The property is located at 3376-3378 Glenda Avenue in Tyler, TX 75704.

For buyers seeking residential income, the layout provides two distinct, independently usable duplex sides with matching bedroom and bath configurations.

Key Highlights

  • Duplex with two 2‑bedroom, 1‑bath units
  • Unit #3376 offers 947 SF
  • Unit #3378 offers 948 SF

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.2k $13.80
− Vacancy −$1.7k −$0.90
EGI $24.5k $12.90
− OpEx −$7.3k −$3.87
NOI $17.1k $9.03
1,895 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$244.5K
$214.0K – $285.3K (±1% cap)
NOI $17,116 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$229.1K
$200.5K – $267.3K (±1% cap)
NOI $16,040 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$423.0K
$370.1K – $493.5K (±1% cap)
NOI $29,607 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Hair Salon Spa & Massage Center Kitchen & Bath Showroom Bakery Carpet & Flooring Store Barber Shop Auto Parts Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex for sale featuring two 2-bedroom, 1-bath units with separate unit sizes of 947 and 948 sf.
Where is this duplex located?
The property is located at 3376-3378 Glenda Avenue Tyler, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; Unit #3376 offers 947 SF; Unit #3378 offers 948 SF
More about this property
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